US initial jobless claims rose 19k in the week ending April 30, above expectation of 176k. Four-week moving average of initial claims rose 8k to 188k.
Continuing claims dropped -19k to 1384k in the week ending April 23, lowest since January 17, 1970. Four-week moving average of continuing claims dropped -36k to 1417k, lowest since February 21, 1970.
